Warrnambool, Victoria

2313ML - A Strong Corporate Performer in a Vital Victorian Provincial City

SOLD

Business Description

Thereâ s 28 made over rooms in this high four star property being sold with a 30 year lease.
Corporate occupancy is running at 75% plus, and the weekend trade is well supported by the frequent events in this destination city.
Itâ s a perfect package with large airy rooms, a very comfortable and well-proportioned residence, and just a stoneâ s throw from the CBD.
Brilliant property, brilliant profit, brilliant location.

Property Code: 590

Business Summary

Marketing Agent
Reg Partington
Reg Partington

Key Investment Insights

1. 28 well-maintained and modern rooms
2. High four-star rating
3. 30-year lease included in sale
4. Corporate occupancy at 75%+
5. Strong weekend trade supported by frequent events in the city
6. Large and comfortable rooms
7. Spacious and well-proportioned residence
8. Close proximity to the CBD
9. Excellent property with high profit potential
10. Ideal location for a successful business.
Listing location
Gallery

This Business is sold

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Motels For Sale

You may also like

Mercure Port of Echuca
HTL Property
Mercure Port of Echuca

ECHUCA

Expression of Interest

Restaurant Facilities: -
Liquor Licence: -
Restaurant: -

Business-Only MLRs – High Net Profit, Strong Salaries, Long Agreements | Resort Brokers ID : MR009185
Riverfront Accommodation Complex
Unique Freehold Mountain Resort Opportunity
GOLD COAST MANAGEMENT RIGHTS FOR SALE - HIGH SALARY -  PREMIUM BROADWATER LIFESTYLE
The best Caretaking Only in Brisbane - be quick
Secure Permanent Management Rights in Southport - ID 9234
Wyong Village
A hidden Gem in Agnes Waters , rare business and land opportunity opportuniy
Freehold Caravan Park offered to the market via public council tender | Resort Brokers ID : FH009273
Boutique Permanent with No Fixed Hours!!
Upmarket Coolum Beach Resort with Exceptional Amenities
Best Value Beachfront Mooloolaba!
Beachfront Agnes Water
Fantastic Riverfront Location with dual living potential.
Easy Run Permanent Management Rights
High Net Profit, High ROI Coastal Complex
Premium Caretaking Only Management Rights
Boutique Sunshine Beach Lifestyle Opportunity